Adorable fabric from the 70's...we think?

L@@k what my gorgeous friend Nikola gave to me today! Her mother-in-law was having a clear out of her fabric stash and found this. How lovely of my friend to think to give it to me...awwww :) We think it is from the 70's? Anybody else familiar with it? It's very cute and I have a few ideas brewing of how to put it to use! Anybody else see it being made into anything specific? x